Looking for a definition of a banking or wealth management term? If you struggle to tell a bid price from a basis point, browse our glossary to become fluent in investment terminology.

Trusts are confidential, tax-efficient and highly flexible financial planning instruments to provide for specified beneficiaries, during and after your lifetime. In this article, we look at how they are structured, the benefits of setting one up and what you can transfer into it.

There are a number of technical terms and phrases associated with trusts and wealth planning. Here is a guide to some of the most common.

A frequently expressed view is that hedge funds are very risky and, although investors may earn significant returns, they are at high risk of losing a significant proportion of their capital. A major problem encountered by investors, in dispelling this view when approaching the hedge fund sector, is the large amount of "jargon" encountered as well as the considerable confusion as to what hedge funds actually do.

Many hedge fund strategies have produced good risk-adjusted returns. In other words, absolute returns generated by these strategies have been attractive and have been achieved at significantly lower risk than traditional equity investment.